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Rigetti Computing Partners with India’s C-DAC for Quantum Innovation

Story Highlights
  • Rigetti Computing signed an MOU with C-DAC to co-develop hybrid quantum computing systems.
  • The collaboration aims to advance quantum and hybrid computing, supporting government labs and academics.
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Rigetti Computing Partners with India’s C-DAC for Quantum Innovation

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Rigetti Computing ( (RGTI) ) just unveiled an announcement.

On September 2, 2025, Rigetti Computing announced a Memorandum of Understanding with India’s Centre for Development of Advanced Computing (C-DAC) to explore the co-development of hybrid quantum computing systems. This collaboration aims to support government laboratories and academics in quantum computing research and development, focusing on the design and market introduction of hybrid systems and related technologies. The partnership is expected to drive innovation in electronics and information technology, particularly in quantum and hybrid computing, reinforcing India’s position in next-generation technologies.

The most recent analyst rating on (RGTI) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Rigetti Computing stock, see the RGTI Stock Forecast page.

Spark’s Take on RGTI Stock

According to Spark, TipRanks’ AI Analyst, RGTI is a Neutral.

Rigetti Computing’s overall stock score is primarily impacted by its poor financial performance, with declining revenues and profitability issues being major concerns. While technical analysis shows some positive momentum, the valuation remains unattractive due to negative earnings. The earnings call provided some positive technological advancements, but financial challenges remain significant.

To see Spark’s full report on RGTI stock, click here.

More about Rigetti Computing

Rigetti Computing, Inc. is a pioneer in full-stack quantum computing, offering quantum computers over the cloud since 2017 and serving global enterprise, government, and research clients. The company is known for its Rigetti Quantum Cloud Services platform and its on-premises quantum computing systems, which support national laboratories and quantum computing centers. Rigetti’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds.

Average Trading Volume: 44,585,196

Technical Sentiment Signal: Buy

Current Market Cap: $5.26B

For an in-depth examination of RGTI stock, go to TipRanks’ Overview page.

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